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Financial giants move into NZ currency

Rob Hosking
Tue, 06 Mar 2012

Japan’s largest mutual fund is buying into the New Zealand for the first time.

Kokusai Asset Management has signalled it has added the New Zealand cash and bonds to its portfolio, pulling money out of the troubled Eurozone.

The $US22.5 billion (about $NZ27.3 billion) fund has indicated

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Rob Hosking
Tue, 06 Mar 2012
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Financial giants move into NZ currency
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